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Historical Motel Monthly Rental Property
For Sale
Under Contract
$1,850,000

1159 S Shore Drive, Holland, MI 49423

MULTI_FAMILY - Holland, MI

Property SizeContact for details
Lot Size0.80 Acres
Days on Market93

Property Features for 1159 S Shore Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description NMU
Bedrooms 14
Full bathrooms 12
Half bathrooms 1
Rooms Bathroom 13, Bedroom 7, Bedroom 13, Bathroom 8, Bathroom 7, Bedroom 1, Bedroom 12, Bedroom 8, Bedroom 5, Bedroom 6, Bedroom 10, Bathroom 10, Bathroom 11, Bathroom 5, Bathroom 3, Bedroom 14, Bedroom 2, Bathroom 9, Bedroom 11, Bathroom 6, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 3, Bathroom 12, Bathroom 2, Bedroom 9
Parking 20
Parking features Driveway
Basement Full
Lot features Level
Elementary school district Holland
Middle school district Holland
High school district Holland
Directions South Shore Dr to address. Directly across from Central Park grocery store.
Standard status Active Under Contract
APN 70-15-35-286-001
Lot size 0.80 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 100 TO 106 INCL BLK 9 CENTRAL PARK SEC 35 T5N R16W
Tax Annual Amount 14158
Legal Description LOTS 100 TO 106 INCL BLK 9 CENTRAL PARK SEC 35 T5N R16W

Utilities

Utilities Natural Gas Available
Heating system Forced Air
Cooling system Central Air
Water front features Lake
Water front 1

Building Details

Year built 1950
Number of units 14
Building materials Brick, Stone, Wood Siding
Roof type Composition
Listing Agency: BHG Connections
Listed By: Tammy L Kerr · License #6502433373
Added: May 21 Changed: Jul 25 Last Checked: Aug 21 at 6:06PM
MLS# 26026540

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering includes a historical motel configured with 13 monthly rental units, plus additional monthly rentals that include a garage apartment and a private residence. The property is currently operating with 14 fully operational monthly rentals.

The location is described as directly across the street from Central Market grocery store and steps from the Lake Macatawa area, with 3 access points and beach access.

According to the remarks, NMU zoning regulations allow 1 short-term rental, and the back portion of the property is zoned CNR Cottage neighborhood residential, which the remarks indicate could support adding two homes if the garage were removed.

Key Highlights

  • Historical motel built in 1950 with brick, stone, and wood siding exterior
  • 14 fully operational monthly rental units, including a garage apartment and a private residence
  • 13 units in the old motel plus additional rental space within the property’s layout

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

Demographics for 49423, MI

46,870
Population
19,019
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
77.9 sq mi
ZIP Area
602
Density / Sq Mi
$78,524
Median Household Income
$36,643
Median Earnings
$1,143
Median Rent
$254,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Property features 14 fully operational monthly rentals, including units in a historical motel and a garage apartment.
Where is this apartment building located?
The property is located at 1159 S Shore Drive Holland, MI.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Historical motel built in 1950 with brick, stone, and wood siding exterior; 14 fully operational monthly rental units, including a garage apartment and a private residence; 13 units in the old motel plus additional rental space within the property’s layout
More about this property
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